13 CFR 123.304
§ 123.304 Is there a limit on the maximum loan amount to a single corporate group for COVID EIDL Loans?
United States · 13 CFR — Business Credit and Assistance · Status: effective
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- Citation
- 13 CFR 123.304, § 123.304 Is there a limit on the maximum loan amount to a single corporate group for COVID EIDL Loans?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/52457
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Full text
Entities that are part of a single corporate group shall in no event receive more than $10,000,000 of COVID EIDL loans in the aggregate. For purposes of this limit, entities are part of a single corporate group if they are majority owned, directly or indirectly, by a common parent.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.